DBM Women Entrepreneur Loan Scheme
Up to Rs 500,000 at 0.5% p.a., one of the cheapest in Mauritius
My dashboardUp to Rs 500,000 at 0.5% p.a., one of the cheapest in Mauritius
At a glance
Highly concessional financing for women-owned businesses: max Rs 500,000, 0.5% p.a., up to 90% of project cost. Confirm the current rate on DBM's scheme page.
The DBM Women Entrepreneur Loan is one of the cheapest sources of business finance in Mauritius, set aside specifically for women-owned businesses. It is a way to fund equipment, set-up costs or a growth project without taking on an expensive commercial loan.
The terms are very favourable. You can borrow up to Rs 500,000 at just 0.5% per year, with DBM financing up to 90% of your project cost. That leaves only around 10% for you to put in, and the interest cost is minimal.
To qualify the business needs to be women-owned. As with any loan, you will need to show the project makes sense and that the business can repay.
Apply online at dbm.mu or at any DBM branch. Bring your project costing and the usual business documents so they can assess the request.
Watch out for this
Watch out for the rate: confirm the current figure with DBM on the scheme page, since the 0.5% is the indicative rate and can change.
Keep looking
More from Development Bank of Mauritius and similar support you might also qualify for.
Your situation, matched
Answer 8 quick questions and get every scheme matched to your business. Free, and saved in your browser.